PA: Equilibrium Income Determination
Authored by Mrs Paul
Other
11th Grade
Used 2+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a component of aggregate demand?
a. Consumption expenditure
b. Investment expenditure
c. Both a. and b.
d. Only consumption expenditure
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At the equilibrium level of income, AD will be equal to:
a. Saving
b. Investment
c. Aggregate Supply
d. None of these
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a. APC
b. MPC
c. APS
d. MPS
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a. 200
b. -200
c. 0.5
d. 1
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Disposable income will be used for consumption and saving. True or False?
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